How to e-file Form No. 61B -Reporting Financial Institution

Register as Reporting Financial Institution

A user other than Individual and HUF who has already registered in e-Filing portal can register as a Reporting Financial Institution to e-File Form No. 61B.

Functionalities

The below table provides the functionalities of a user registered as Reporting Financial Institution

Steps involved in Register as Reporting Financial Institution

Step 1 – Login to e-Filing portal using User ID (PAN of the Reporting Financial Institution), e-Filing Password and DOI.

Step 2 – My Account ⇒Reporting Financial Institution

Step 3 – Enter the details of Reporting Entity Details

• Reporting Entity PAN – Auto Populated
• Reporting Entity Name – Auto Populated
• Date of Incorporation – Auto Populated
• GIIN – User enterable (Non-Mandatory)
• Reporting Entity Category – User enterable (Mandatory)
• Reporting Entity Type – User enterable (Mandatory)
• Regulator Name – User enterable (Mandatory)
• Registration number (if any) – User enterable (Non-Mandatory)

Step 4 – Enter the details of Sponsored Entity or Trustee Documented Trust (If Applicable)

• Name of Sponsored Entity or Trustee Documented
• PAN
• GIIN
• Flat/Door/Building
• Road/Street
• Area/Locality
• Town/City/District
• Pincode
• State
• Country

Step 5 – Enter the details of Details of Designated Director

• Designated Director PAN – User enterable (Mandatory)
• Designation – User enterable (Mandatory)
• Designated Director Surname – User enterable (Mandatory)
• Designated Director Middle Name – User enterable (Non-Mandatory)
• Designated Director First Name – User enterable (Non-Mandatory)
• Designated Director Date of Birth – User enterable (Mandatory)
• Designated Director Mobile Number – User enterable (Mandatory)
• Designated Director Email ID – User enterable (Mandatory)

Step 6 – Enter the details of Details of Principal Officer

• Principal Officer PAN – User enterable (Mandatory)
• Principal Officer Designation – User enterable (Mandatory)
• Principal Officer Surname – User enterable (Mandatory)
• Principal Officer Middle Name – User enterable (Non-Mandatory)
• Principal Officer First Name – User enterable (Non-Mandatory)
• Principal Officer Date of Birth – User enterable (Mandatory)
• Principal Officer Mobile Number – User enterable (Mandatory)
• Principal Officer Email ID – User enterable (Mandatory)

Step 7 – I certify that <Name of Designated Director> having Permanent Account Number <PAN of Designated Director>, is the designated director as per Explanation (a) to sub Rule 10 of Rule 115G of the Income-tax Rules, 1962.

Step 8 – Click Submit (Registration Success message displayed)

Upload of Form No. 61B

Step 1 – Login to e-Filing portal using User ID (PAN of the Designated Director), e-Filing Password and DOB ⇒ e-File ⇒ Submit Form 61B/Nil Statement

Step 2 – Verify and Select

• Reporting Entity PAN – Select from dropdown (Mandatory)
• Form Name – Auto Populated
• Calendar Year – Select from dropdown (Mandatory)
• Reporting Entity Category – Select from dropdown (Mandatory)
• Type of Filing – Select from dropdown (Mandatory)

Step 3 – If Submit Nil Statement is selected from Type of Filing dropdown, select the appropriate options from the declaration.

Step 4 – If Submit Form 61B is selected from Type of Filing dropdown, upload the corresponding Form 61B XML.

Step 5 – Upload a valid DSC

Step 6 – Submit

View Form 61B

Step 1 – Login to e-Filing portal using User ID (PAN of the Reporting Financial Institution), e-Filing Password and DOI.

Step 2 – My Account ⇒ View Form 61B to view the forms submitted by Designated Director.

De-register as Reporting Financial Institution

Step 1 – Login to e-Filing portal using User ID (PAN of the Reporting Financial Institution), e-Filing Password and DOI.

Step 2 – My Account ⇒ Reporting Financial Institution.

Step 3 – Registered Reporting Entity Category list is displayed along with the checkbox to de-register.

Step 4 – Check the record and click “De–register”. Success message is displayed.

Step 5 – To register with Reporting Entity Category click “Click Here to Register”. It redirects to Register as Reporting Financial Institution page.